Nigeria is set to host the second edition of World Pension Summit (Africa Special) slated for October 5 and 6. The Director-General of National Pencom Commission,...
A whopping N814.78billion will be auctioned through Treasury Bills by the Central Bank of Nigeria (CBN) in the fourth quarter of the year. Specifically, the apex...
In from Ali Smart … The World Bank is in a dilemma. Reason: it is cash-strapped and is subsequently asking for lifelines from wait for this:...
In from Success Allantee … The Nigerian equities market sustained a second consecutive day in the red as losses suffered by some highly capitalised stocks overshadowed...
The board of directors of United Bank for Africa (UBA) Plc on Thursday declared interim dividend of N7.2 billion as the bank’s half-year earnings report showed...
In from Ali Smart … Nigeria’s Micro Small and Medium Enterprises (MSMEs) lags behind other African nations in terms of access to finance, a report by...
In from Ali Smart The Director General, Industrial Training Fund (ITF) Juliet Chukkas Oneako has raised the alarm that the few industries available can hardly accommodate...
In from Ali Smart … More states including Ebonyi, Osun and Niger have received the much promised bailout by the Central Bank of Nigeria (CBN) Ripples...
By Richard Branson … When you think about innovation, do you think about Silicon Valley and technological advances and companies with big research and development budgets?...
In from Success Allantee … After a four-day rally orchestrated by intense bargain-hunting and increased demand for equities, selling pressure re-emerged yesterday at the Nigerian Stock...
In from Ali Smart … Stanbic IBTC Bank Plc is being investigated by the Financial Reporting Council of Nigeria (FRCN) for allegedly engaging in unapproved transactions...
In from Ali Smart… Apparently discomfited over the nonchalant attitude of banks towards supporting the ailing sectors of the economy, especially the small and medium scale...
In from Success Allantee … Banking stocks were the toasts of investors yesterday as Nigerian equities rallied additional capital gains of N186 billion in the five-hour...
To survive the global crash in crude oil prices, African countries whose economy are tied to the sale of the product will need to address fuel...
As part of efforts to curb crude oil theft, the Nigerian National Petroleum Corporation is to employ new technology by deploying drones to monitor the inwards...
In from Success Allantee … The Nigerian stock market yesterday rode on the back of a strong sense of optimism and increased demand for shares to...
The amount of electricity supplied by the Transmission Company of Nigeria (TCN) which peaked at 4,810.7 megawatts (Mw) on August 25 dropped to 4,029.83Mw at the...
G. Cappa, Plc, a Building and Civil Engineering Construction Company in Nigeria, has lost the ownership of its property situated at 8 Taylor Road, Ebute Metta,...
The profitability, asset quality, liquidity and capital ratios presently being displayed by Nigerian banks are worrisome, according to Fitch Ratings. The body has ascribed the worrying...
The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Sonny Echono, has said that the Federal Government intends to review the import policy on rice...
in from Success Allantee … Most quoted companies at the Nigerian stock market will open on Monday at their lowest price range in the past one...
The National Pension Commission has issued draft guidelines on how workers can assess and make withdrawals from their Retirement Savings Account (RSA) while still in active...
The Federal Inland Revenue Service under the new leadership of the Babatunde Fowler has revealed that only 125,000, amounting to 27.7 percent of the 450,000 companies...
In from Ali Smart Nigeria spends over $1.5 billion annually in the importation of tomato products from China and other parts of the world, Dr Husaini...
The Warri Refineries was on Monday shut down by the Nigerian National Petroleum Corporation (NNPC) over non availability of crude oil in the system. This was...
In from Ali Smart … The Central Bank of Nigeria (CBN) has taken strategic steps to ensure that the level of fraud arising from e-payment transactions...
Of about 285 Nigerian companies that submitted applications and underwent screening for the establishment of private refineries in the country, only 65 were able to scale...
In from Success Allantee … After losing N571 billion in the first three trading sessions of this week, the Nigerian stock market on Thursday staged a...
In from Ali Smart … The Corporate Affairs Commission (CAC) has concluded plans to partner with the Federal Inland Revenue Service (FIRS) to ensure the integration...
Managing Director of the Niger Delta Development Commission (NNDC) Mr. Dan Abia, has denied that any money is missing from the coffers of the intervention agency,...
The Nigeria National Petroleum Corporation (NNPC) has terminated the Offshore Processing Agreements (OPAs) contracts awarded to some companies during the last administration of President Goodlucck Jonathan....
Dangote Cement Plc yesterday signed a $4.34 billion contract with a Chinese construction company, Sinoma International Engineering Company Limited towards expansion of the cement company’s production...
In from Success Allantee… Nigerian equities remained in the red as the third consecutive day of losses pushed the average year-to-date return at the stock market...
In from Ali Smart … For states government still struggling to pay salary arrears owed workers in their various states, the Central Bank of Nigeria (CBN)...
In from Ali Smart … Access Bank PLC has hinted of plans to raise fresh funds from the capital market shortly after it realised N41.8 billion...
In from Ali Smart … Mr. Babatunde Fowler, the Acting Executive Chairman, of the Federal Inland Revenue Service, has pledged to partner with relevant stakeholders to...
The downtrend at the Nigerian stock market brought the market to a new low yesterday as aggregate market value of all quoted companies on the Nigerian...
In from Ali Smart … Dr. Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC) has hinted of plans to increase power generation to over 6,000 Mega...
In from Success Allantee … Nigerian equities lost N228 billion in five hours of trading yesterday as the worsening crisis in the China stock market triggered...
In from Ali Smart … Eleven states are to pay 14.83% interest to service their debts, Ripples has learnt. Director General of the Debt Management Office...
The Central Bank of Nigeria (CBN) says that energy companies in the country are indebted to commercial banks to the tune of about N3.673 trillion. This...
Following reports and allegations of alleged mismanagement of funds, and contract splitting in the Niger Delta Development Commission (NDDC) running into billions of Naira, President Muhammadu...
Instead of destroying local refineries tagged as illegal, Oil Producing Area Association of Nigeria (OPAAN) has appealed to the federal government to legalise such refineries, so...
The current cash crunch and liquidity flow that has hit the country which has made many states unable to pay salaries, may yet worsen as international...
Despite the deepening global market rout where some investors are counting losses, Alhaji Aliko Dangote, the President of Dangote Group and 10 others people are counting...
Investors in banking and insurance stocks were the worst hit in the downtrend that pervaded the Nigerian stock market last week, with banking and insurance investors...
The Nigerian Electricity Regulatory Commission (NERC) in line with a resolution passed by the Senate ordering it to look into complaints by consumer of electricity over...
By Chris Aligbe … Did President Olusegun Obasanjo knowingly or unknowingly yield to the grand deception that cost Nigeria billions of Naira? Did he and other...
In from Olumide Olaoluwa … The Federal Government is targeting generation and distribution of 5,000 megawatts of electricity by December. This was part of the outcome...
The Acting Comptroller-General of Customs John Atte has set a revenue target for Area Controllers, as he directed them to increase their weekly average revenue to...
